A recent change in the law, spotted by one of our Wills and Probate Solicitors in Today’s Wills and Probate, has outlined new compliance standards for those in the Funeral Plans sector. The move, which will see new regimes set in place by the Financial Conduct Authority, will change the way funeral planners market themselves, set out plans with customers and outlaw the use of commission.
What do the changes in the Budget mean to the Private Client sector?
For many months there have been whisperings on the fringes of the private client sector that the Chancellor may do just that. However, the announcement that came yesterday turned out thankfully to not be as extreme as anticipated.